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    101 Carlisle St Hattiesburg, MS 39402

    Sponsored
    For Sale
    $1,950,000

    Profitable Hotel, 5,993 sq ft

    Property size:
    5,993 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,993 square foot hotel presents a lucrative investment opportunity in Hattiesburg, Mississippi. Located at 101 Carlisle St, 39402, this single-story, 1996-built property sits on a spacious 1.68-acre lot. The asking price is $1,950,000, translating to a price per square foot of $325.38. Ideal for investors seeking a proven hospitality asset, this hotel offers significant potential for return on investment. The property's prime location in Lamar County provides easy access to local amenities and attractions, ensuring consistent occupancy. The single building structure simplifies management and maintenance, minimizing operational complexities. With its established presence and strong market position, this hotel represents a compelling opportunity for immediate income generation and long-term growth. The property's size and location make it an attractive option for both seasoned investors and those new to the hospitality sector. Detailed financial records are available upon request to qualified buyers. This is a turnkey operation ready for a new owner to step in and continue its success. Don't miss this chance to acquire a well-established hotel in a thriving Mississippi market.

    Property Features for 101 Carlisle St

    General Information

    Property type
    Hotels
    Square Feet
    5,993 SF
    Lot Size
    73,181 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    HighLights

    • $1,950,000 asking price for this hospitality property.
    • 5,993 square foot hotel.
    • $325.38 price per square foot.
    • Built in 1996, single‑story building on a 1.68‑acre lot.
    • Located at 101 Carlisle St, Hattiesburg, MS 39402.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.3534478
    Latitude
    31.3266894

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    FAQs

    What type of property is this?
    Hotel - Profitable Hotel, 5,993 sq ft
    Where is this hotel located?
    The property is located at 101 Carlisle St Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for this hospitality property.; 5,993 square foot hotel.; $325.38 price per square foot.
    Request Owner's contact information
    101 Carlisle St Hattiesburg, MS 39402
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    Hattiesburg, MS 39402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Carlisle St Hattiesburg, MS 39402
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